Biotech Values

[poorgradstudent]

I don't think you meant that RTRX is "rent seeking," which refers to a company devoting resources to influencing politicians to bend the law to favor its products over those of its competitors.

In that strict sense, no. However, I think the term has expanded to cover cases where entities rely on regulatory frameworks and limited competition / entry barriers to extract fees from the system. I've seen the term used for a broad array of examples from who can drive a cab to who can cut hair.

So yes, apologies if you adhere to the strict definition that necessarily requires accompanying political lobbying.